Tax/Record keeping question:
Is a Schedule C the way to report earnings from writing?
I'm also wondering about Paypal. If you get paid via Paypal, or pay for subscriptions with it, do you have an acceptable record for tax purposes? Is it worth insisting on getting paid by or paying by check?
1 comment:
Paypal money gets tranferred into your bank and you have a record of that from both Paypal and your bank. I would think that's just as valid as a check should you get audited.
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